PACE in New York

Background

Active PACE programs

Residential Commercial

The Energy Improvement Corporation (EIC) is a Local Development corporation, which is a New York State not-for-profit, established specifically to increase the demand for energy efficiency and renewable energy building upgrades. With a growing member base of member municipalities, EIC offers the Energize NY Finance Program which is New York State’s Property Assessed Clean Energy (PACE) finance program. PACE financing is made available to eligible Property Owners in order to provide attractive financing for property improvements that lower energy consumption. In addition, EIC offers the Energize NY Commercial and Residential Programs to assist property owners through the energy upgrade process.

Approval of the first group of Energize NY “Qualified Contractors” in January, 2014, prompted John B. Rhodes, President and CEO, of NYSERDA, to announce, “Energize NY’s PACE financing product creates an exciting new opportunity for NYSERDA’s Multifamily Performance Program and the services offered to customers through our Multifamily Performance Partners. It will help New York State stimulate the growth of the clean energy economy, which Governor Cuomo has cited as a priority.”
Find all resources on the Energize NY website, including the Pre-Application, a handbook, FAQs, and information a special incentive program for affordable housing in Westchester County.
Phone: (914) 302-7300